What is the Home Loan Benefit for Medical Professionals?

 

The home loan benefits for medical professionals are unique and can be used as a tax benefit for the borrower as well as the spouse. The borrower can qualify for the home loan without meeting the basic income criteria.

Home ownership isn’t just a great investment, it’s also something that most people see as a necessity. In Australia, a majority of residents own their own home. However, medical professionals often have trouble saving up enough for the down payment and end up renting longer than they’d like to. This is because home loans often offer more perks than you might realize, and you need to learn how to use them to your advantage.

When you are a medical professional, there are many benefits to consider if you are planning to buy your own home.  You will want to consider the entire cost of your home and all of the things that go along with it.  When you are purchasing a home, you need to understand all of the costs and where your money will be coming from.

Qualifying for a mortgage in Australia can become very daunting if you have a low credit score or have less than 20% deposit. Medical professionals in Australia are given special consideration under the Australian home loan benefits for medical professionals. These allow you to buy a property with a lower deposit. You may be able to buy a property with as little as 5% deposit.

Here are the main home loan benefits for medical professionals:

·         Zero Down Payment Requirements

·         Borrow Up to 90% of the Purchase Price

·         Discounted Interest Rates

·         Fee waivers

·         Higher LVRs

·         Higher maximum borrowing amount

If you are in the medical industry and require expert Medical Property Valuation advice in Melbourne, FVG Property are specialists in assessing current market. Our dedicated team undertake valuations of a range of assets including residential aged care facilities, retirement villages, manufactured home estates, medical and Healthcare Property.

When is it necessary to hire a professional property valuation company?

 

They say that real estate is all about location. It's also all about value — and when it comes to appraising your property, it's essential to know when it's necessary to hire a professional property valuation company.

Property valuation services play a vital role for any company or individual working on buying or selling real estate. A professional property valuation company can help an owner get a fair and accurate value for their property. If you are planning to buy or sell a property, you will require the services of the best property valuation company.

Similarly, when you want to sell a property, you will need to get an accurate valuation. It's easy to value your property on your own, but it's essential to know that professional property valuers are unbiased and objective. When you are selling a property, you will be looking at more than just its value; you will also need to look at its condition.

Getting a professional valuation is necessary if you want to sell your property. A valuation is an opinion of what a property is worth, based on its present condition and future potential. It is not the same as an estimate. An estimate is only an opinion of what the work will cost, whereas a valuation is a more comprehensive study that considers all aspects of the property.

Following are a few scenarios where hiring a professional property valuer is necessary:

·         When you are new and naive

·         When investment property is located in another state

·         When investing in real estate is your part-time job

·         When you are investing in various properties

·         Qualified property valuers act as financial advisors when it comes to buying, selling, renting the property.

·         Property valuation by qualified valuers exhibits you the correct value of your property. As they are professionals, they are unbiased and calculate the property value by considering reality and current market conditions.

·         The property valuation report provided by the property valuer acts as a reference and proof that helps solve the issues related to the property matter.

To hire an expert property valuer, feel free to contact FVG Property at 03 9690 1112. We are a team of expert property valuers who are committed to working with you.

Tips to Remember While Investing in The Interstate

 

When we plan to invest in any property, the main thing that comes to our mind is it’s worth. The interstate has been one of the most popular options when it comes to real estate market. With the rising population of cities like Melbourne and many more, the need for a good infrastructure has been increasing day by day.

Investing in the interstate can be a good option for your future, but how can you manage it without losing a lot of money? The tips mentioned below can help you plan your investment and get a good ROI. If you follow them carefully, you can keep your money safe.

Property buying is a huge process and can be pretty intimidating for a lot of people. If you’re currently in the market to buy a property, you’ll want to make sure that you have all of your ducks in a row before heading down. By planning ahead, you can ensure that you get the right property at the right price, without wasting money on extras or overspending on the financing.

With the recent upward movement, the prices of the interstate have seen an increasing trend. When you do not find any good opportunity in your home state then finding an investment property in interstate is a commendable decision.

The interstate is the most stable way to invest in real estate but it is important to remember a few things while investing in it.

·         Know the area well

·         Look at the features of the property

·         The risk associated with it: Know about the area it comes under environmental risks or not.

·         Research well

·         Once you have finalised a property, read the contracts carefully

·         Take a home valuer on property inspection

For the best home valuation services in Melbourne, you can contact us at 03 9690 1112. At FVG Property we are a team of expert and qualified home valuers.

Guide for home buyers: How to select the right home?

 

Are you planning to buy a new home? We’ve got some advice on how to ensure your process goes as smoothly as possible.

Buying a home is a big step. It can be one of the most important decisions you will ever make. The process is not always easy or clear-cut, but with a bit of preparation and know-how, you will be well on your way to finding the home that best suits your needs.

Buying a home is one of the most significant financial decisions you can make. It’s a complex and sometimes stressful process, but if you take time to learn about your options, plan, and make intelligent decisions, the right home can be yours.

Before buying a home, the steps you take can save you time and money and determine how smoothly the transition from renter to homeowner goes. Whether you are looking to buy your first home, upgrade to a bigger one or want to know what you should look for when buying a new home, this article can help.

Financial stability - Purchasing property in real estate demands financial stability. Good savings and availability of fund help you to make your buying decision easier.

Do your research well - You should research your end. For example, visit the property at different time zones and check the level of noise. Check if neighbours create any nuisance or not? If yes, you should not buy that property cause your peace is more important than that home.

Hire a property valuer - You can hire a property valuer for this; their valuable advice will help you make sensible decisions.

Contact FVG Property for the proper valuations, contact property valuers in Melbourne and enjoy the best valuation services and advice on buying or selling property.

Right ways to find the real estate comparables

 

In the real estate industry, successful properties are those that have a competitive edge — a feature or characteristic that enables it to stand out. With the help of some good old-fashioned detective work, you can figure out what sets your property apart from the competition and build a solid sales proposition that will put you ahead of the pack.

The value of real estate assets substantially depends on its location. Therefore, to assess the value of a particular property, it is necessary to find out the real estate comparables.

As a real estate agent, we find out real estate comparables to give better guidance to our clients. But finding the real estate comparables is not an easy task. There is a lot of manual work involved.

Three smart ways to find the right comparable for your property:

1.    Market analysis: It is a tough and exhaustive process to find similar properties and find the right real estate comparable for evaluating the property price.

2.    Hiring the professionals:  Hiring the real estate property valuer or appraiser who knows all about the property market will save you time and money.

3.    Using online tools: Use online property calculators to find the comparables in the quickest way

Looking at the comparable sales is one of the areas where people get tripped up. If you are unable to do the comparables correctly, you will not have your house appraised correctly. Connect with FVG Property for the best home valuation services. We are a team of expert property valuers who are experienced and qualified property valuer. Feel free to contact us.

If you're an investor looking for a good deal then you should contact FVG Property to find Real Estate Comparables. We do a comparative analysis of appraising the value of an investment property, based on its physical condition, location and market conditions.

Home Buying Guide - How to select the right home?

 

Buying a home is the most important investment you’ll ever make, but it can also be one of the most confusing. Not only are there many things to consider when choosing a home, but the process can also be quite overwhelming if you’re a first-time buyer. To help you out, we’ve created a list of essential tips for buying a home.

PROFESSIONAL REAL ESTATE VALUERS MELBOURNE

Plan your finances - Investing in a property or buying a home isn’t easy. You have to plan your finances and streamline all the other expenses. For a bank to give you a loan, financial stability is a crucial aspect. Bank savings and availability of funds help you to make your buying decision easier.

Visit the location physically - Simply viewing listing photos isn’t a substitute for visiting homes in person. It helps you get an overall picture of the property’s surrounding area. With appropriate precautions in the pandemic, getting to know the neighborhood and its amenities is crucial.

 

PROFESSIONAL TENANT REPRESENTATION MELBOURNE

Do your research well before zeroing in on a property.

Hire real estate valuers - The property valuers thoroughly inspect the property and its surrounding area and provide you with a list of why you should buy the property and why not. A professional real estate valuer like FVG Property will give you valuable advice to help you make wise decisions.

 

ONLINE PROPERTY VALUATION

The home buying process can be extremely daunting and stressful. There are so many details to consider when looking for a home, and finding the right place can be a challenge.

For the proper property valuations and to get buyers advocacy services in Melbourne from a trusted and qualified name – FVG Property, call on 03 9690 1112 and enjoy the best benefits.

Lessons You Must Learn As A Property Investor

 

Would you like to be wealthy? You will be recommended by experts Property Advisory Services Melbourne. Yes, it is the correct choice for you to invest cash in real estate companies to make more cash. Hire FVG Property Melbourne and give estate value advisers the correct advice, otherwise, your profit margin will be dented and it can break your trust too. It is important in the real estate to invest in the appropriate quantity of cash at the correct moment.

There are some things which property investors should be able to learn to create immovable cash – True estate investments cover everything–some individuals tend to misunderstand only property purchasing. It involves the purchase, renewal, search for possible clients and then the sale at the correct cost. Investment in property involves different phases. Smart real estate investors understand the start of the real estate trip is purchasing the property.

First, before purchasing the property, your aim behind the purchaser should be evident. Ask yourself after purchasing the property what you will do? You either rent or sell it. Either you rent it out.

Property investment requires forecasting – Smart Investor calculates and decides on future victims, opportunities and profit margins. Whether you lease your building or plan to retain and sell the building you must pay for the maintenance of the estate. You must pay the minimum price of keeping an estate as an owner.

The investment in property is unsure – The real property market is very fluctuating and uncertain. Even if you plan stuff right, but still, the terms of the market change and the entire scenario. Good investors in the actual estate are planning insecure stuff.

As an investor in property, patience is a must. With the moment, things and circumstances alter. You must remain calm and decide wisely.

In the actual property industry, time is essential. At the correct moment buy and sell the building. You get a decent ROI (investment returns). Hire the Property Valuers of Melbourne to understand the market value of the Melbourne properties and then decide wisely.

Contact FVG PROPERTY Melbourne for best property valuation services.

Do you know the benefits of estimating your property value by a certified property valuer? Read our blog https://fvgpropertyconsultants.wordpress.com/2020/04/25/benefits-of-estimating-your-property-value-by-certified-property-valuers/

5 Most Important Life Lessons of a Property Investor

Investing in real estate is great. Yes, investing money in real estate business with the aim to earn more money is right option for you. But without proper knowledge, you can put a dent in your profit margin and it can break your confidence too. Investing right amount of money at right time at right place is crucial in real estate.

The profit, or return, you make on your investments must be enough to cover the risk you take, taxes you pay, and the other costs of owning the real estate, such as utilities, regular maintenance, and insurance.

There are many sources of inspiration that can be used to guide your property investment career

1.      Don’t let emotions drive your investment decisions – DO not make any rational choice when it is about financial matters. never get too carried away when the market is booming or too disenchanted during property slumps like many are right now.

2.      Knowledge – There is no substitute for knowledge. Real estate investors with large portfolio simply know more about what drives markets, how to time market cycles, and which things to watch out for.

3.      Cheaper is not better - A lot of real estate investors make the mistake of believing that the cheapest investment properties are the best buys. What you learn pretty quickly is that buying cheap depends on a lot of factors. Is it cheap because it’s a good deal, or is it cheap because it’s a headache waiting to happen?

4.      Know the risk - Significant profits can be made investing in bricks and mortar, but it shouldn’t be seen as an easy ‘get rich quick’ scheme. But the cold, hard fact is that you can lose and lose big, especially if you don’t protect yourself.

5.      Don’t overpay for a property - When you start pursuing a deal, things can get out of hand. It’s so important to keep your numbers front-of-mind. Don’t allow yourself to overpay and get sucked into a property that doesn’t make you money.

 

Also read another blog, Property Research Mistakes that You must avoid here https://fvgpropertyconsultants.wordpress.com/2020/09/19/3-property-research-mistakes-you-must-avoid/